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Daily Archives: July 22, 2010

Wide and Loose vs. Tight and Right

July 22, 2010
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Wide and Loose vs. Tight and Right

Today I wanted to write a bit about stock charts, but instead of getting into the commonly referred to (but usually useless) patterns like “head and shoulders,” “triangles” and the like, I wanted to talk about something chart-wise that has helped me to both pinpoint some great buying opportunities … as well as avoid riskier situations. What is this mystery chart pattern?  Well, it’s not really a pattern at all.  It’s just a manner of trading that is easy to see when you examine a chart.  I’m talking about “wide and loose” versus “tight and right.”  I’m going to...

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